There’s a modern way to invest in gold that doesn’t involve owning a physical brick: gold ETFs. If you’re curious to understand this financial asset, you can learn everything you need to know about investing in gold ETFs with an online search!
There are many benefits to this form of gold investment, and companies are enticing seniors to invest with sign-up bonuses. And some of these sign-up bonuses are pretty generous! Keep reading to find out how you can maximize the value of gold ETFs.
Why People Are Switching to Gold ETFs
Gone are the days when you need to own a bullion to invest in gold. Now, you can choose gold ETFs. This is an exchange-traded fund where the principal asset is gold. This doesn’t mean you own gold, though. Instead, you’re investing in individual stocks that are backed by the value of gold.1
How to Get a Sign Up Bonus to Invest in Gold
It’s easy to get started with gold ETF investments. All you have to do is find an online brokerage, sign up and choose your investments. When new customers sign up with certain brokerages, you can receive rewards for transferring or depositing money into a new account.
Here are some brokerages offering deals for new sign-ups.
E-Trade
The Offer: Receive up to $2,500 bonus cash2
E-Trade gives its investors a variety of support and ETF options. You will pay $0 on ETF trades and only 65 cents per options contract.
Firstrade
The Offer: Commission-free trading on all ETFs
Firstrade is an easy platform for you to diversify your investment and reduce the risk of loss. After opening an account, you can skip the ETF fees and trade for free instead.3
Ally Invest
The Offer: Receive up to $3,500 bonus cash4
With Ally Invest, you can get commission free trading on certain ETFs. They provide a wide selection of markets to invest in so you can diversify your portfolio and expand your return.
Compare Investment Offers Online
If you’re looking to invest your money, gold ETFs are a good way to go. It allows you to put your dollars in the gold market backed by its value instead of having to own physical bullion. It’s less risky and lower in costs, since you don’t have to pay for shipping, insurance or storage costs of physical gold.
Research and compare your options before choosing an online brokerage. Check out the special offers for new investors and see which service will give you the most savings or opportunity to grow your investments.
